20010 FM 529 Rd - Multi-Tenant Flex 2 biens | Local d'activités | À vendre | 3 978 408 € | Cypress, TX

Partners is pleased to present the opportunity to acquire 20010 FM 529 Road, a fully leased, two-building flex property totaling approximately 25,000 square feet in the heart of Cypress, Texas—one of the fastest-growing suburbs in the Houston MSA. Constructed in 2022, the property features modern construction with durable metal roofs, ample concrete parking, and grade-level overhead doors. The portfolio is 100% occupied by a diverse mix of service-oriented tenants, including auto repair, tire, and specialty retail businesses, all operating under triple-net (NNN) leases with built-in annual rent escalations. Priced at a 7.50% capitalization rate, the offering delivers strong in-place cash flow with minimal landlord responsibilities. Strategically located along the high-traffic FM 529 corridor near Fry Road, the property benefits from daily traffic counts exceeding 22,000 vehicles and is surrounded by national retailers such as Starbucks, Jiffy Lube, Popeye’s, and O’Reilly Auto Parts. The immediate trade area has experienced over 9% population growth in the past five years and boasts strong demographics, with over 312,000 residents and average household incomes exceeding $89,000 within a five-mile radius.